Latest News from IBI
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Malibu “returns to growth” with FQ3 above expectations
US boatbuilder reports “pockets of strength” and a return of the Florida market
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Quantum Sails announces new leadership structure
US sailmaker strengthens global sales team from within
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State of Rhode Island considers new boating taxes
Proposal would remove the sales, property and use tax exemption on motorised boats
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Turkish yacht construction and refit firm expands into US market
Tufan and Brothers Yachting Co appoints US brand representatives
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Dockmate announces marketing collaboration with MarineMax
Sponsorship of Getaways! events aims to broaden customer base for yacht remote control platforms
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UK’s South Coast & Green Tech Boat Show opens this weekend
More than 90 new boats will be displayed at MDL’s Ocean Village Marina in Southampton
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French builder to launch new aluminium sailboat at Grand Pavois
Alubat’s Ovni 490 will have its official premiere in September
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Lectrotab acquires US trim tab specialist
The company has bought the assets of Smart Tabs manufacturer Nauticus Inc
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Scout Boats adds new dealer, two new locations to roster
US builder partners with Ultimate Marine of Central Florida LLC
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Lippert Q1 revenues climb by 8%
Strength in resurging US RV market offsets continued softness in marine for US components manufacturer
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Africa – opportunity knocks as continent’s marine industry evolves
Vanessa Davidson, CEO of South Africa marine industry association SABBEX, gives the lowdown on the current marine industry market in Africa, touching on key markets, regulations, marina development, superyachts, crew, and industry challenges
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Twin Disc has solid FQ3, led by marine segments globally
Outlook for the balance of the fiscal year is positive
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MasterCraft Q3 results beat expectations
Planned volume reductions yield lower income but improved dealer pipeline as US boatbuilder adjusts to ‘evolving macroeconomic conditions’
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HRH The Princess Royal opens Cockwells Training Academy
Princess Anne toured the UK boatbuilder’s facilities in Cornwall on Tuesday
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V.Ships Leisure launches dedicated large yacht management firm
V.Yachts will cover vessel, crew, technical management plus support safety, compliance and efficiency of operations
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KVH Q1 revenues down, but losses reduced
Expense reduction initiatives and higher demand for Starlink, CommBox Edge offerings credited with improved financial picture for US satcom firm
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New Silent Yachts flagship nears completion
The SY80 2-Deck version will make its world debut at the 2025 Cannes Yachting Festival
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Wave International grows Balkans presence
Torden Marine to distribute UK firm’s products in Croatia, Slovenia, Serbia and Montenegro
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MJM Yachts expands dealer network in US Northeast
DiMillo’s Yacht Sales to represent sport yacht line in New York and Connecticut
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Ritz-Carlton Yacht Collection makes key promotion
Harold Torres has been elevated to VP, Charters & Incentives
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Global launch of the Azimut Grande 25 Metri announced in Brazil
The new model is in production and will be presented later this year
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Zhik extends partnership with Danish sailing team
The Australian technical apparel brand will sponsor the team for another four years
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Sea.AI to bring advanced radar perception to AI-powered machine vision
Austrian firm integrates Tocaro Blue’s Proteus Core software into its navigation platform
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Oyster Yachts unveils new initiatives at private viewing event
The UK boatbuilder also launched its new Oyster 805 superyacht model
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Yachting Ventures to host new Superyacht Startups space at Metstrade
The initiative is in addition to the existing Metstrade Startups area
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Cummins Q1 revenues, profits dip
Engine builder withdraws 2025 earnings guidance as it navigates “increasingly challenging” business environment
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Attendance up at 2025 Palma show
Over 30,000 people visited this year’s Palma International Boat Show
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New Jersey dealer buys marina for US$5.2m
Acquisition brings new business opportunities with expanded storage space and facilities for larger boats
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Port Denarau Marina invests in superyacht infrastructure
New jetty extension and associated dredging scheduled for completion this year
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Cox Marine makes key leadership changes
UK engine manufacturer streamlines commercial strategy as it enters series production
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Will Trump tariffs trigger new logistics disruptions?
As the last pre-tariff shipments arrive in US ports from China, experts say economic uncertainty could lead to a repeat of 2021’s supply chain upheavals
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Green Dream expands solar-electric boat range
The Polish builder has added two new models to its portfolio amid rising sales
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Day 2 of Balearic Superyacht Forum - superyacht refit sector in the spotlight
Accuracy of quotes, scope for standardisation, and recruiting and training enough people among issues addressed
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ACR Electronics grows European presence
Holland Nautic to distribute US firm’s full suite of maritime safety solutions in the Netherlands
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Acel Power, Electrified Marina partner to accelerate marine electrification
The collaboration will focus on delivering Acel’s unique electric outboard systems to a broader audience
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Johnson Outdoors Q2 revenues down, profits up
$54m lower operating expenses bring higher net results, but revenue decreases across all business segments remain a concern
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Bayesian recovery due to start this weekend
The major undertaking involves UK, Dutch and other specialists
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Wichard to open new mast facility in western France
The new factory will produce masts under the group’s Sparcraft brand
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Suntex acquires Arizona marina
Saguaro Lake Marina represents third Phoenix-area property operated by US marina chain
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Oyster Yachts launches new superyacht bluewater cruiser
The 80ft Oyster 805 is the second-largest model in the Oyster range
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Littelfuse Q1 revenues up 3.5%
Growth driven by solid electronics segment demand recovery and robust growth in the industrial segment
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Auto tariffs may impact marine parts, Trump moves to prevent tariff stacking
The NMMA continues to monitor and analyse developments
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Ring Power expands Cox Marine US distribution footprint
Four new northeast dealers provide inroads into large and lucrative boating market
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Galeon Yachts appoints exclusive Cypriot distributor
The Polish motoryacht builder teams up with Importica
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Lower Q1 sales but stronger profits for Hubbell
Gains led by strong performance of electrical solutions segment, which includes Hubbell’s leisure marine business
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US consumer confidence sinks in April
Growing concerns over tariffs, overall economic outlook puts US consumer confidence at lowest level in five years
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OneWater sees modest FQ2 decline
Drop in new boat sales offset by US dealer chain’s other revenue streams
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